On CROSS, NFT Loans is supported

There is a consensus

On April 14, CVT officially completed the Heco cross-chain and logged into the Poly Network All CVT holders can use the CVT to participate in the auctions on CROSS through Poly Network by cross-chaining to Heco or BSC. If you encounter any problems, the CVT community will assist you as soon as possible, which indicates that CROSS has gradually become one of the most innovative platforms in the NFT field.

The first decentralized NFT Loans is here 

From now on, all NFTs in CROSS auctions can be mortgaged for gaining CVT, and the loan period is 7-30 days. When returning, you only need to return the same amount of CVT. Therefore, you can use the CVT mortgaged by the first NFT to auction the second NFT under an ideal circumstance. The advantage of this is that you can get two NFTs while paying CVT for one NFT, and both the capital utilization rate and the growth rate of the NFT will be improved.

The calculation formula for the loanable part is 2 / (current market guide price + final transaction price) * 30%. After the NFT is issued, each NFT will be evaluated by art evaluation experts from multiple perspectives, and the current market guide price of the NFT will be given, which means the NFT will be marked.

All of this is done easily and decentrally through CROSS using CVT. You can enter Heco and BSC to participate in CROSS only through Poly Network. In the current NFT field, CROSS Loans are at the forefront.

CROSS Mystery Box is upgraded again

After a week, the Mystery Box is coming back. Many people have been missing it, and Phase 4 of Mystery Box has undergone a major upgrade

1 The number of NFTs participating in the auctions has been upgraded to 9, which greatly increases the event’s interest and richness.

2 The reward for the event has been ramped up to 0.1 + 0.5 BTC. This upgrade makes the whole event more complicated and game-playing.

If the previous Mystery Box was just a simple arithmetic problem, this upgrade will turn the event into a real brainpower battlefield. Small and medium-sized buyers should concentrate on one NFT, starting from the NFT value itself, while it is difficult to reproduce the scene where large buyers monopolize and get multiple NFTs.

Of course, the most important point is that the Mystery Box auctions’ will be completely reshaped, and the value of NFT itself will no longer be buried.

If you only pay the price of 0.6 BTC divided by 9 for participating in the auctions, you will come home empty-handed. With the emergence of CROSS Loans, the entire NFT trading market will undergo a huge change like the emergence of DeFi.

Therefore, have you got enough CVT?

CROSS:https://cycross.io/

Cybervein twitter:@CyberVeinGroup

CROSS Telegram:https://t.me/CyberVeinCommunity

Source NewsBTC

This is a paid press release Future News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Future News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Leave a Reply